EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-06.11.2025

Heavies anchor the ZSE… 
Selected blue chip counters anchored the ZSE in the penultimate session of the week, as the All-Share Index rose by 0.24% to 211.01pts. The Blue-Chip Index was 0.67% higher at 208.14pts. On the contrary, the Agriculture Index was 3.40% down at 167.93pts while, the Mid Cap Index was 1.38% down at 241.81pts. Agriculture concern Ariston led the risers of the day as it jumped 33.33% to $0.0200 while, property concern FMP garnered 14.99% to $1.2890 as 7,600 shares traded in the name. Banking group FBC continued its upward trajectory as it inched up 13.43% to $7.9400 while, TN garnered 6.97% to settle at a VWAP of $0.1187. ZB Financial Holdings rallied 6.40% to close pegged at $3.2025. Trading in the negative was BAT that plummeted 15.00% to $70.5345 while, brick producer Willdale succumbed 12.25% to $0.0351. Sugar refiner Star Africa trimmed 9.64% to $0.0308 while, telecommunications company Econet eased 2.79% to $4.9202 despite having traded a high of $5.1500 in the session. Beverages producer Delta capped the top five worst performers of the day on a 0.29% decline to $15.4577. 
 
 
Activity aggregates improved in the session as volumes traded rose by 57.03% to 1.51m shares while, turnover increased by 36.61% to $8.35m. Econet highlighted today’s activity aggregates as it contributed 87.38% of the volume and 77.63% of the total value traded. Other notable value driver was Delta that claimed 19.83% of the total traded. In the REIT category, the Tigere REIT dropped 14.69% to $1.5181 as 11,891 units exchanged hands while, the Revitus REIT gained 7.69% to $1.4000.